VERVE Charlottesville, located at the intersection of Stadium Road and Jefferson Park Avenue, is set to open in summer 2027. Targeted towards University students, the 12-story building boasts 25,000 square feet dedicated to amenities, including a cafe, library, study spaces, a two-story wellness center and a multi-sport game simulator. Subtext, the student housing-focused real estate company behind VERVE, stated the apartment is designed to “elevate the resident experience and create an active, vibrant community” in a December 2024 article.
When completed, VERVE will have 1,332 beds across 463 units, and it will be over 729,262 square feet. The building is replacing nine residential buildings in the area, which is adjacent to Grounds and 0.6 miles from U.Va. Health. Layout options will range from studio style to four-bedroom apartments.
The new housing project is one of 26 projects by Subtext targeted towards university students nationwide. The company has properties in the areas of the University of Michigan, Rutgers University and Indiana University. VERVE Charlottesville is Subtext’s first investment in the Commonwealth and is their biggest development to date, in both square footage and the number of beds…